All results / Stories / Neil Hartnell
Bahamas ranked in bottom three of finance centres
A FORMER Bahamas Financial Services Board (BFSB) chairman yesterday said a report that ranked the Bahamas a lowly 75th out of 77 global financial centres would "not impact" this jurisdiction's core private wealth management client base, adding that he was "more worried" about G-20 driven regulatory initiatives.
BAHAMAS 'WELL BUFFERED' OVER CARRIER FALLOUT
By NEIL HARTNELL Tribune Business Editor The Bahamas is "well buffered" against any potential fallout from moves by American Eagle's parent to slash its workforce by up to 13,000, Tribune Business was told yesterday, the airline being among four-five car
RoyalFidelity funds enjoy $10m injection
RoyalFidelity Merchant Bank & Trust yesterday said investors had injected a collective $10 million into its three-strong domestic mutual fund family for the year to end-May 2014, aided by the low interest rate “perfect storm”.
BISX: Majority of stocks don’t move more than 5%
The Bahamas International Securities Exchange (BISX) has “consistently” found evidence to support its method for calculating share prices, with most companies’ stocks never moving more than 5 per cent from the previous day’s close.
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
COLINA BLASTS POLICYHOLDER LAWSUIT AS 'EMBARRASSING'
By NEIL HARTNELL Tribune Business Editor Colina Insurance Company has slammed as "embarrassing" allegations that it "mis-sold and negligently misrepresented" the benefits of Universal Life insurance policies to five elderly Bahamian policyholders, who ha
$10M PORT IPO SETS A BAHAMIAN RECORD
By NEIL HARTNELL Tribune Business Editor The Arawak Cay Port Development (APD) offering has set a Bahamian record by becoming the "most widely subscribed for IPO in the history of the Bahamian capital markets", Tribune Business was told yesterday, one of
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
Religious broadcaster endorses the Bahamas
A key religious broadcaster has endorsed the Bahamas at his organisation's recent annual convention. "In the Bahamas we find an amiable people who share our deep Christian convictions, and a meeting location that is second to none," Dr Frank Wright, execu
Aviation industry 'not given its due'
Aviation industry 'not given its due' By NEIL HARTNELL Tribune Business Editor Developing a Bahamian aircraft registry could ultimately lead to spin-offs such as a "maintenance facility equivalent in size to Miami", an attorney yesterday urging: "Now is
25,000-acre dispute solution 'critical to 'thousands of jobs'
By NEIL HARTNELL Tribune Business Editor Resolving a long-running dispute that has tied up 25,000 acres of prime real estate is "critical" to potentially creating "thousands of jobs" and reversing Long Island's depopulation, a Court of Appeal ruling havi
City Markets sale may close 'within 2 weeks'
City Markets sale may close 'within 2 weeks' By NEIL HARTNELL Tribune Business Editor City Markets' weekend 'Blow Out' sale was designed to clear all existing inventory prior to the supermarket chain's purchase, its current majority owner revealing a de
‘Absolutely imperative’ Baha Mar doesn’t fail
BAHA Mar’s transformation into a sustainable mega-resort is an “absolute imperative” for the Bahamas and its economy, the Chamber of Commerce’s chief executive says.
Title questions raised over $3m AML deal
CITY Markets pension fund trustees have no legal standing to sell the defunct supermarket chain’s former head office to AML Foods for $3 million, it was alleged yesterday.
‘Wonderful opportunity’ for Long Island revival
The resolution to a 10-year dispute over Long Island’s one-time largest employer presents “a wonderful opportunity” to revive the island’s economy, its MP yesterday describing the surrounding area as “ghost town”.
Insurers: ‘Light at end of tunnel’ over taxation
Bahamian insurers yesterday voiced relief that there is “light at the end of the tunnel” after the Government said it would drop plans to move the industry to a Business Licence fee taxation regime.
Consumer chief set to investigate BPL bill spike
The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.
15 CANDIDATES FOR BRAND AMBASSADOR
Fifteen representatives from various Bahamas Financial Services Board (BFSB) member firms are participating in the Bahamas Brand Ambassador programme, which is attempting to identify professionals who exhibit the industry's best qualities. Three Bahamas B
Baha Mar 'close' to $150m spend on Bahamians
BAHA Mar is "close" to investing $150 million with Bahamian contractors for its Cable Beach redevelopment, as it prepares to today launch the $2.6 billion project's 300 luxury Residences to high net-worth buyers from across the world in London.
